Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. It generates electricity through hydroelectric, diesel/liquid petroleum gas, natural gas, nuclear, and photovoltaic sources. The company supplies electricity primarily to residential, commercial, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. Its transmission facilities consist of lines ranging from 33 kV to 500 kV and substations; and distribution system comprises approximately 53,000 line miles of overhead lines, 38,000 line miles of underground lines, and 800 substations located in California. The company serves approximately 5 million customers. Edison International was founded in 1886 and is based in Rosemead, California.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Equity (BVPS)

29.21

30.20

32.48

33.81

28.95

29.74

32.95

35.60

36.26

38.10

37.13

growth rate

3.4%

7.6%

4.1%

-14.4%

2.7%

10.8%

8.0%

1.9%

5.1%

-2.6%

Earnings BIT

1,890.00

854.00

1,660.00

-264.00

1,860.00

1,220.00

2,629.00

2,013.00

2,083.00

2,194.00

2,195.00

growth rate

-54.8%

94.4%

-100.0%

100.0%

-34.4%

115.5%

-23.4%

3.5%

5.3%

0.1%

Avg.PE

8.73

13.37

10.13

12.10

9.93

17.33

13.11

14.58

29.24

35.23

43.65

growth rate

53.2%

-24.2%

19.5%

-17.9%

74.5%

-24.4%

11.2%

100.6%

20.5%

23.9%

ROA

2.83

1.97

2.89

-0.08

-0.40

2.01

3.33

2.03

2.58

1.09

-0.77

growth rate

-30.4%

46.7%

-100.0%

0.0%

100.0%

65.7%

-39.0%

27.1%

-57.8%

-100.0%

ROE

12.96

8.77

12.30

-0.36

-1.88

9.45

15.43

9.14

11.22

4.77

-3.82

growth rate

-32.3%

40.3%

-100.0%

0.0%

100.0%

63.3%

-40.8%

22.8%

-57.5%

-100.0%

ROIC

5.71

6.60

8.10

1.96

1.18

6.82

9.38

6.05

7.64

3.99

0.37

growth rate

15.6%

22.7%

-75.8%

-39.8%

478.0%

37.5%

-35.5%

26.3%

-47.8%

-90.7%

Cur. Ratio

1.10

1.17

1.12

1.03

0.71

0.68

0.73

0.54

0.36

0.53

0.62

growth rate

6.4%

-4.3%

-8.0%

-31.1%

-4.2%

7.4%

-26.0%

-33.3%

47.2%

17.0%

Quick Ratio

0.78

0.80

0.70

0.67

0.40

0.32

0.28

0.30

0.20

0.32

0.29

growth rate

2.6%

-12.5%

-4.3%

-40.3%

-20.0%

-12.5%

7.1%

-33.3%

60.0%

-9.4%

Leverage

4.69

4.21

4.30

4.78

4.71

4.69

4.57

4.43

4.27

4.51

5.42

growth rate

-10.2%

2.1%

11.2%

-1.5%

-0.4%

-2.6%

-3.1%

-3.6%

5.6%

20.2%

Balance Sheet

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Acct.Receivable

0.00

0.00

0.00

1,287.00

1,312.00

1,855.00

1,422.00

1,336.00

1,085.00

1,153.00

1,403.00

growth rate

1.9%

41.4%

-23.3%

-6.1%

-18.8%

6.3%

21.7%

Acct.Payable

1,631.00

1,548.00

1,765.00

1,580.00

1,310.00

1,342.00

1,503.00

1,511.00

growth rate

-5.1%

14.0%

-10.5%

-17.1%

2.4%

12.0%

0.5%

Cur.Assets

7,353.00

4,430.00

4,422.00

4,484.00

2,672.00

3,312.00

3,567.00

2,654.00

2,123.00

3,729.00

3,359.00

growth rate

-39.8%

-0.2%

1.4%

-40.4%

24.0%

7.7%

-25.6%

-20.0%

75.7%

-9.9%

Total Assets

44,615.00

41,444.00

45,530.00

48,039.00

44,394.00

46,646.00

49,734.00

50,229.00

51,319.00

52,580.00

56,715.00

growth rate

-7.1%

9.9%

5.5%

-7.6%

5.1%

6.6%

1.0%

2.2%

2.5%

7.9%

Cash

3,916.00

1,673.00

1,389.00

186.00

170.00

146.00

132.00

161.00

96.00

1,091.00

144.00

growth rate

-57.3%

-17.0%

-86.6%

-8.6%

-14.1%

-9.6%

22.0%

-40.4%

1,036.5%

-86.8%

Inventory

553.00

533.00

568.00

350.00

340.00

256.00

281.00

267.00

239.00

242.00

282.00

growth rate

-3.6%

6.6%

-38.4%

-2.9%

-24.7%

9.8%

-5.0%

-10.5%

1.3%

16.5%

Cur.Liabilities

6,697.00

3,787.00

3,952.00

4,348.00

3,744.00

4,881.00

5,479.00

4,927.00

5,912.00

7,068.00

5,395.00

growth rate

-43.5%

4.4%

10.0%

-13.9%

30.4%

12.3%

-10.1%

20.0%

19.6%

-23.7%

Liabilities

34,191.00

31,603.00

34,947.00

37,984.00

34,962.00

36,708.00

36,746.00

36,835.00

37,127.00

38,695.00

44,063.00

growth rate

-7.6%

10.6%

8.7%

-8.0%

5.0%

0.1%

0.2%

0.8%

4.2%

13.9%

LT Debt

10,950.00

10,437.00

12,371.00

8,834.00

9,231.00

9,825.00

10,234.00

10,883.00

10,175.00

11,642.00

14,632.00

growth rate

-4.7%

18.5%

-28.6%

4.5%

6.4%

4.2%

6.3%

-6.5%

14.4%

25.7%

Equity

10,424.00

9,841.00

10,583.00

10,055.00

9,432.00

9,938.00

10,960.00

11,368.00

11,996.00

11,671.00

10,459.00

growth rate

-5.6%

7.5%

-5.0%

-6.2%

5.4%

10.3%

3.7%

5.5%

-2.7%

-10.4%

Common Shares

329.00

327.00

329.00

329.00

330.00

329.00

329.00

329.00

330.00

328.00

326.00

growth rate

-0.6%

0.6%

0.0%

0.3%

-0.3%

0.0%

0.0%

0.3%

-0.6%

-0.6%

Cash Flow Statement

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Capital Expenditures

-113.00

-7.00

0.00

4,122.00

4,149.00

3,599.00

3,906.00

4,225.00

3,749.00

3,844.00

4,509.00

growth rate

0.0%

0.0%

0.7%

-13.3%

8.5%

8.2%

-11.3%

2.5%

17.3%

Cash Dividends

567.00

521.00

463.00

476.00

506.00

541.00

463.00

544.00

626.00

707.00

788.00

growth rate

-8.1%

-11.1%

2.8%

6.3%

6.9%

-14.4%

17.5%

15.1%

12.9%

11.5%

Cash From OA

2,261.00

3,045.00

3,477.00

3,906.00

3,334.00

2,967.00

3,248.00

4,509.00

3,254.00

3,597.00

3,177.00

growth rate

34.7%

14.2%

12.3%

-14.6%

-11.0%

9.5%

38.8%

-27.8%

10.5%

-11.7%

FCF per Share

-1.87

-0.72

-3.24

-4.11

-2.47

-1.14

-1.62

-0.40

0.95

-0.54

-4.28

growth rate

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

100.0%

-100.0%

0.0%

Sale Purchase of Stock

108.00

729.00

-13.00

128.00

128.00

135.00

215.00

growth rate

575.0%

-100.0%

100.0%

0.0%

5.5%

59.3%

FCF

-614.00

-237.00

-1,066.00

-902.00

-815.00

-396.00

-658.00

284.00

-478.00

-241.00

-1,332.00

growth rate

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

100.0%

-100.0%

0.0%

0.0%

Income Statement

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Sales

14,112.00

12,361.00

9,996.00

10,588.00

11,862.00

12,581.00

13,413.00

11,524.00

11,869.00

12,320.00

12,657.00

growth rate

-12.4%

-19.1%

5.9%

12.0%

6.1%

6.6%

-14.1%

3.0%

3.8%

2.7%

Op.Income

2,563.00

1,398.00

1,819.00

1,100.00

1,594.00

979.00

2,629.00

2,013.00

2,083.00

2,194.00

2,195.00

growth rate

-45.5%

30.1%

-39.5%

44.9%

-38.6%

168.5%

-23.4%

3.5%

5.3%

0.1%

IBT

1,944.00

854.00

1,479.00

1,668.00

1,861.00

1,221.00

1,867.00

1,455.00

1,467.00

825.00

-1,210.00

growth rate

-56.1%

73.2%

12.8%

11.6%

-34.4%

52.9%

-22.1%

0.8%

-43.8%

-100.0%

Net Income

1,215.00

849.00

1,308.00

1,100.00

1,594.00

979.00

1,612.00

1,020.00

1,311.00

565.00

-423.00

growth rate

-30.1%

54.1%

-15.9%

44.9%

-38.6%

64.7%

-36.7%

28.5%

-56.9%

-100.0%

EPS

3.68

2.58

3.82

-0.11

-0.56

2.78

4.89

3.10

3.97

1.72

-1.30

growth rate

-29.9%

48.1%

-100.0%

0.0%

100.0%

75.9%

-36.6%

28.1%

-56.7%

-100.0%

Gross Profit

8,120.00

8,093.00

6,703.00

3,514.00

4,115.00

4,217.00

4,671.00

4,268.00

4,444.00

4,603.00

4,454.00

growth rate

-0.3%

-17.2%

-47.6%

17.1%

2.5%

10.8%

-8.6%

4.1%

3.6%

-3.2%

Quarterly Statements

Item Name

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Earnings BIT

425.00

728.00

642.00

365.00

686.00

growth rate

71.3%

-11.8%

-43.2%

88.0%

Balance Sheet

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Acct.Receivable

1,552.00

1,716.00

1,403.00

1,367.00

1,484.00

growth rate

10.6%

-18.2%

-2.6%

8.6%

Acct.Payable

1,255.00

1,288.00

1,511.00

1,366.00

1,578.00

growth rate

2.6%

17.3%

-9.6%

15.5%

Cur.Assets

3,257.00

3,383.00

3,359.00

3,999.00

3,936.00

growth rate

3.9%

-0.7%

19.1%

-1.6%

Total Assets

52,820.00

53,563.00

56,715.00

58,793.00

59,521.00

growth rate

1.4%

5.9%

3.7%

1.2%

Cash

99.00

71.00

144.00

328.00

257.00

growth rate

-28.3%

102.8%

127.8%

-21.7%

Inventory

252.00

261.00

282.00

312.00

331.00

growth rate

3.6%

8.1%

10.6%

6.1%

Cur.Liabilities

4,922.00

4,719.00

5,395.00

5,375.00

5,665.00

growth rate

-4.1%

14.3%

-0.4%

5.4%

Liabilities

38,848.00

39,274.00

44,063.00

46,074.00

46,608.00

growth rate

1.1%

12.2%

4.6%

1.2%

LT Debt

13,845.00

14,629.00

14,632.00

15,683.00

15,883.00

growth rate

5.7%

0.0%

7.2%

1.3%

Equity

11,779.00

12,096.00

10,459.00

10,526.00

10,720.00

growth rate

2.7%

-13.5%

0.6%

1.8%

Common Shares

2,537.00

2,541.00

2,545.00

2,550.00

2,555.00

growth rate

0.2%

0.2%

0.2%

0.2%

Cash Flow Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Capital Expenditures

1,022.00

1,082.00

1,074.00

1,074.00

1,161.00

growth rate

5.9%

-0.7%

0.0%

8.1%

Cash Dividends

197.00

197.00

200.00

200.00

199.00

growth rate

0.0%

1.5%

0.0%

-0.5%

Cash From OA

358.00

1,054.00

210.00

210.00

388.00

growth rate

194.4%

-80.1%

0.0%

84.8%

Sale Purchase of Stock

7.00

growth rate

FCF

-664.00

-28.00

-864.00

-864.00

-773.00

growth rate

0.0%

0.0%

0.0%

0.0%

Income Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Sales

2,815.00

4,269.00

3,009.00

2,824.00

2,812.00

growth rate

51.7%

-29.5%

-6.2%

-0.4%

Op.Income

425.00

728.00

642.00

365.00

686.00

growth rate

71.3%

-11.8%

-43.2%

88.0%

IBT

259.00

596.00

-2,246.00

166.00

314.00

growth rate

130.1%

-100.0%

100.0%

89.2%

Net Income

276.00

513.00

-1,430.00

278.00

392.00

growth rate

85.9%

-100.0%

100.0%

41.0%

EPS

growth rate

Gross Profit

984.00

1,289.00

1,218.00

1,350.00

1,743.00

growth rate

31.0%

-5.5%

10.8%

29.1%

R&D

growth rate

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.